The Board of Directors of the Delhaize 'The Lion' Group has during its last session authorised the management to purchase up to 5 million shares of Delhaize America.
The purchase of additional Delhaize America shares is a particularly attractive value for the Delhaize 'The Lion' Group because of the continued outstanding operational performance of Delhaize America.
By this decision the Delhaize 'The Lion' Group underlines its strong commitment to the long-term strategy of Delhaize America.
For further information, please contact:
Guy Elewaut, Investor and Financial Press Relations Director, Delhaize 'The Lion' group,
phone: 32.(0)2.412.29.48 or 32(0)477.50.07.96.
Brussels, November 2, 1999.